Washington-Consensus

Long-term Geopolitical Consequences of IMF Structural Adjustment

1999-03-25 00:00:00 +0000 UTC | Importance: 8/10

The IMF’s systematic economic intervention during the Asian Financial Crisis created lasting geopolitical shifts, fundamentally altering regional economic sovereignty. With $35 billion in financial support to Indonesia, Korea, and Thailand, the IMF implemented structural reforms that triggered …

IMF World Bank Asian Development Bank Emerging Asian Economies China +3 more geopolitical-transformation economic-sovereignty imf-intervention structural-adjustment trade-negotiations +1 more

IMF Approves $6.8 Billion Russia Loan With Structural Adjustment Conditions: Second Largest Loan in IMF History Fails to Stabilize Economy

1995-04-01 00:00:00 +0000 UTC | Importance: 9/10

The International Monetary Fund approved a $6.8 billion loan to Russia, the second largest loan the IMF had made at the time, following years of failed stabilization efforts and broken conditionality requirements. This was followed by an agreement in 1996 to provide a total of $10.2 billion over …

International Monetary Fund Boris Yeltsin Bill Clinton G-7 World Bank +1 more imf russia structural-adjustment conditionality shock-therapy +4 more